Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in the Philippines - 2023
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in the Philippines (CIF) - 2023
- Imports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in the Philippines
Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in the Philippines (CIF) - 2023
In July 2023, the average import price for acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses amounted to $1,290 per ton, with a decrease of -15.9% against the previous month. Over the period under review, the import price showed a pronounced contraction. The pace of growth was the most pronounced in May 2023 when the average import price increased by 78% m-o-m. As a result, import price attained the peak level of $2,742 per ton. From June 2023 to July 2023, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was Malaysia ($1,325 per ton), while the price for Taiwan (Chinese) totaled $1,277 per ton.
From November 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Vietnam (0.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in the Philippines
In 2022, after three years of growth, there was significant decline in supplies from abroad of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses, when their volume decreased by -10.6% to 960 tons. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +18.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 54% against the previous year. As a result, imports attained the peak of 1.1K tons, and then fell in the following year.
In value terms, imports of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses shrank to $1.8M in 2022. In general, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 96%. As a result, imports attained the peak of $1.9M, and then dropped in the following year.
| Import of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 39.2 | 8.4 | 421 | 700 | 161.4% |
| Japan | 159 | 169 | 286 | 307 | 24.5% |
| Taiwan (Chinese) | 644 | 562 | 427 | 306 | -22.0% |
| South Korea | 25.1 | 10.9 | 530 | 243 | 113.1% |
| United States | 31.7 | 45.3 | 89.1 | 91.0 | 42.1% |
| Malaysia | 75.4 | 87.8 | 44.2 | 66.6 | -4.1% |
| Vietnam | N/A | 55.7 | 27.9 | 52.2 | -3.2% |
| Others | 24.1 | 33.2 | 85.1 | 34.9 | 13.1% |
| Total | 998 | 972 | 1,910 | 1,801 | 21.7% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates to the Philippines in 2022:
- China (396.5 tons)
- Taiwan (Chinese) (213.7 tons)
- South Korea (139.2 tons)
- Japan (71.4 tons)
- United States (44.2 tons)
- Malaysia (37.5 tons)
- Vietnam (35.7 tons)
249
This report provides an in-depth analysis of the orthophthalic acid esters market in the Philippines.
435
This report provides an in-depth analysis of the polycarboxylic acid market in the Philippines.
93
This report provides an in-depth analysis of the market for oxalic, azelaic, malonic and other cyclanic, cylenic or cycloterpenic polycarboxylic acids and their salts in the Philippines.
498
This report provides an in-depth analysis of the market for phthalic anhydride and terephthalic acid in the Philippines.
362
This report provides an in-depth analysis of the maleic anhydride market in the Philippines.
354
This report provides an in-depth analysis of the market for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid in the Philippines.
500
This report provides an in-depth analysis of the adipic acid market in the Philippines.
425
Global Orthophthalic Acid Esters Market Report 2018. This report provides an in-depth analysis of the global orthophthalic acid esters market.
1090
This report provides an in-depth analysis of the global polycarboxylic acid market.
103
This report provides an in-depth analysis of the global market for oxalic, azelaic, malonic and other cyclanic, cylenic or cycloterpenic polycarboxylic acids and their salts.
158
Global demand for polycarboxylic acids is projected to increase over the next seven years, with market volume expected to reach 32M tons by 2030. Market performance is forecasted to expand with an anticipated CAGR of +1.8% from 2023 to 2030, reaching a market value of $42.3B by the end of 2030. Key consuming countries include the United States, China, and India, with Belgium showing the highest rates of growth in consumption.
207
Explore the top import markets for Polycarboxylic Acid in 2023, including Turkey, India, the United States, and more. Learn about the key statistics and trends driving the global demand for this essential chemical compound.
838
The global polycarboxylic acid market revenue amounted to $42.8B in 2018, rising by 3.5% against the previous year....
1226
Global polycarboxylic acid imports totaled X tons in 2016, descending by -X% against the previous year level. In general, polycarboxylic acid imports continue to indicate a pronounced curtailmen...
194
Explore the top import markets for Phthalic Anhydride and Terephthalic Acid and their key statistics. Discover the countries with the highest import values for these chemical compounds. Learn how Turkey, India, and Vietnam dominate the market.
207
Explore the top import markets for Phthalic Anhydride and Terephthalic Acid, including Turkey, India, Vietnam, and more. Discover key statistics and market values.
254
Discover the latest insights on the global market for adipic acid, its salts, and esters, with projections showing a steady increase in consumption over the next seven years. Market performance is expected to accelerate, reaching a volume of 6.8M tons and a value of $15.6B by the end of 2030.
158
Global demand for polycarboxylic acids is projected to increase over the next seven years, with market volume expected to reach 32M tons by 2030. Market performance is forecasted to expand with an anticipated CAGR of +1.8% from 2023 to 2030, reaching a market value of $42.3B by the end of 2030. Key consuming countries include the United States, China, and India, with Belgium showing the highest rates of growth in consumption.
207
Explore the top import markets for Polycarboxylic Acid in 2023, including Turkey, India, the United States, and more. Learn about the key statistics and trends driving the global demand for this essential chemical compound.
838
The global polycarboxylic acid market revenue amounted to $42.8B in 2018, rising by 3.5% against the previous year....
